It is on the fiscal policy issue that Tsipras plays the game with Berlin. Public expenditure, in Greece, would lead to a decrease of the debt, but this is the crucial issue that for the Communitarian orthodoxy is difficult to accept.
If Greek citizens vote in a government that repudiates austerity and wants to re-negotiated the public debt, who might be next - Estonia (election 1 March this year), Finland (19 April), and/or Spain (20 December)?
Since the late 1970s, wages for the bottom 70 percent of earners have been essentially stagnant, and between 2009 and 2013, real wages fell for the entire bottom 90 percent of the wage distribution.
